Sea Limited Reports First Quarter 2021 Results
SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (Sea or the Company) today announced its financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Group Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year. Total gross profit was US$645.4 million, up 212.1% year-on-year. Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020. Digital Entertainment Bookings2 were US$1.1 billion, up 117.4% year-on-ye
Sea Limited Reports First Quarter 2021 Results
SINGAPORE--(BUSINESS WIRE)--Sea Limited (NYSE: SE) (Sea or the Company) today announced its financial results for the first quarter ended March 31, 2021. First Quarter 2021 Highlights Group Total GAAP revenue was US$1.8 billion, up 146.7% year-on-year. Total gross profit was US$645.4 million, up 212.1% year-on-year. Total adjusted EBITDA1 was US$88.1 million compared to US$(69.9) million for the first quarter of 2020. Digital Entertainment Bookings2 were US$1.1 billion, up 117.4% year-on-ye